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Start-Up Village Entrepreneurship Programme (SVEP)

Topics Covered: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

Start-Up Village Entrepreneurship Programme (SVEP):


Why in News?

SVEP has made an impressive progress and has extended business support services and capital infusion to 153 blocks of 23 states as of August 2020.

  • Around, 2,000 trained cadre of Community Resource Person-Enterprise Promotion (CRP-EP) are providing services to rural entrepreneurs and as on August 2020, around 100,000 enterprises are supported by them.

What is Start-Up Village Entrepreneurship Programme (SVEP)?

Implemented by Deendayal Antyodaya Yojana –National Rural Livelihoods Mission (DAY-NRLM), Ministry of Rural Development, as a sub-scheme since 2016.

Focus of the scheme: Providing self-employment opportunities with financial assistance and training in business management and soft skills while creating local community cadres for promotion of enterprises.

  • Entrepreneurship Development Institute of India (EDII), Ahmedabad is the technical support partner of SVEP.
  • SVEP promotes both individual and group enterprises, set-up and promote enterprises majorly on manufacturing, trading and service sectors.

Who are community resource persons – enterprise promotion?

The programme seeks to develop pool of community resource persons – enterprise promotion (CRP-EP) who are local and support entrepreneurs setting-up rural enterprises.

  • The CRP-EPs are certified and provides business support services to the entrepreneurs.

InstaLinks:

Prelims Link:

  1. About SVEP.
  2. It is a sub scheme under?
  3. Implementing Ministry?
  4. Focus of the Programme.
  5. Does it cover group enterprises?
  6. Who are CRP-EPs?
  7. Deendayal Antyodaya Yojana –National Rural Livelihoods Mission (DAY-NRLM)- targets.

Mains Link:

Discuss the key features and significance of Deendayal Antyodaya Yojana –National Rural Livelihoods Mission (DAY-NRLM).

Sources: pib.